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The Actors Fund Rings the Opening Bell at NASDAQ


Date: April 28, 2006
Contact: Lynne Hoppe, 212.221.7300 ext. 129, Fax: 212.764.0238


(New York) - On Friday, April 28, Actors’ Fund Executive Director Joe Benincasa rang the opening bell at NASDAQ MarketSite in Times Square.  He was joined by NASDAQ Vice President Maribel Aber and Actors’ Fund staff members and supporters.  Aber opened the ceremony  by recognizing the long tradition of caring demonstrated by The Actors’ Fund and congratulating The Fund’s fine work and dedication over its 124-year history.  “It is a special honor to acknowledge your efforts and support of the acting profession, which is truly the heart of New York City,” said Aber. 

In ringing the bell to signal the opening of the trading day, Benincasa remarked on the similarities between the financial markets and the entertainment profession.  “The stock market has one very big thing in common with show business – both are pretty much unpredictable,” said Benincasa.  “Anything can happen.  That’s why The Actors Fund is here; to support our colleagues during times of need, crisis and transition.” 

Speaking about the industry, Benincasa noted that the entertainment and performing arts community is one of this country’s greatest natural resources.  “The individuals that dedicate their lives to creating entertainment for the rest of us are remarkable people – whether they work behind the scenes or in front of the spotlight,” said Benincasa.  “Every TV show you watch, every movie you see, every song you hear and every Broadway show you experience – they are all created by dedicated entertainment, performing arts professionals. But as we all know, TV shows get cancelled, movies flop, songs go unrecorded and Broadway shows close.  When the job is completed, you are out of work.  And when that happens, there are always a lot of unanswered questions.  How do you maintain your health insurance?  What if you are injured and can’t work – who pays your bills.  What if you can no longer perform the job you were trained to do?  How do you transition into something new?”

For entertainment professionals, the answer to all those questions is The Actors Fund.  The Fund is always there with financial assistance, supportive housing, free medical care, job training, and a range of social and health related services; all designed to meet the unique and extensive needs of our community.

Benincasa also noted The Fund’s upcoming 125th anniversary and the annual gala that will be held on Monday, May 8th, in New York. 

The event was broadcast live and covered by local financial networks.  The Actors’ Fund logo was on display all day on the Marketsites’s seven-story electronic marquee overlooking Times Square.


nasdaq photo

Pictured (left to right) - Wally Munro, Connie Yoo, Carol Wilson, Ina Clark, David Engelman, Executive Director Joseph Benincasa, Louie Anchondo, Lynne Hoppe, Megan Barrett, Tamar Shapiro, Tony Lopez-Linus.
© Copyright 2005, The Nasdaq Stock Market, Inc.
Reprinted with permission.